War veterans take control of mining companies

Nyashadzashe Ndoro

CHIEF REPORTER

The Minister of War Veterans of the Liberation Struggle Affairs, Monica Mavhunga has announced that war veterans will soon benefit from mining companies set up by the Veterans Liberation Board.

The board was established under the War Veterans Act to help uplift the lives of war veterans and to empower them to look for funding elsewhere.

The companies set up by the board include Power Zimbabwe and Veterans Investment Corporation. These companies are expected to generate income that will be used to assist war veterans.

Speaking in the Senate last week, Mavhunga said that the companies have started working and that they are in the process of transferring assets from the Ministry of Mines and Mining Development.

“So the companies have started working, but what still remains is the transfer of assets from the Ministry of Mines and Mining Development into their hands. We engaged the Ministry of Mines so that their papers will be in order to enable investors to come in and invest,” the Minister stated.

“Also, when it comes to farms, we have plans that they should come up with five-year business plans so that each farm will be able to get loans and that they start businesses. So, I can confidently say that the work commenced, but it still has its teething problems and it is work in progress.

She also said that the companies are working on five-year business plans so that each farm can get loans and start businesses.

The Minister said that the board has offices in the rural areas that are responsible for helping war veterans with projects, health, and other benefits.

“In our plans, we have our offices in the rural areas from the district, province up to national. The duties of those in the national offices is to help the war veterans and our office to come up with programmes.

“Currently, we have awareness programmes and we are visiting all the provinces educating people on how we help them when it comes to projects and their health, and the benefits that they get from the Ministry,” she added.